Question

What is the interest on Rs4500 from January 5 to May 31, 2011 at 8% per annum?
plz give full solution fast...

Answer 1

Thanks for the questions

Answer 2

Simple interest  = 144

Step-by-step explanation:

Given,

p = 4500

r = 8 %

t = January 5 to May 31, 2011 = 146 days

We know that,

Simple interest = $\frac{p\times r\times t}{100}$

Simple interest  = $\frac{4500\times 8\times 146}{100\times 365}$

Simple interest  = $\frac{5256000}{36500}$

Simple interest  = 144